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THE FOUNDATION FOR CORPORATE SOCIAL RESPONSIBILITY IS A NETWORK OF INTERNATIONAL CORPORATIONS ACTIVELY WORKING IN POLAND TO AFFECT POSITIVE SOCIAL CHANGE THROUGH CORPORATE PHILANTHROPY. WE FEED, EDUCATE AND EMPOWER POOR CHILDREN IN POLAND. COLLECTIVELY, WE HAVE FED OVER 6 MILLION HOT MEALS TO SOME OF POLAND’S MOST NEEDY CHILDREN. OUR MISSION IS TO LEAD THE BUSINESS COMMUNITY IN RAISING THE LEVEL AND QUALITY OF CORPORATE SOCIAL RESPONSIBILITY.

January 6, 2014 Vol. 11, No.1

HAPPY NEW YEAR!

11th ANNUAL DINNER DANCE JUST 4 WEEKS AWAY!

Our PromiseKids are back in school and abuzz with final rehearsals, costume fittings, last minute adjustments and excitement galore as they prepare for our 11th Annual Dinner Dance at the Hilton Warsaw Hotel and Convention Center on February 3, 2014 at 18:30, Basia, FCSR Arts Director, says it’s the best group of performers ever, and they can’t wait to dazzle you with their dancing, singing skills, and their infectious energy!

The Hilton Staff is busy planning a delectable menu, designing the ballroom and polishing up the dance floor for our guests. The “best band in the land”, 36.6 is ready to go, and Pablo is preparing another touching DVD, capturing the highlights of the Foundation’s activities over the past ten years.

We are reaching selling tables quickly, so if you haven’t done it yet, get your table reservations and payments in to Natalie ASAP! You don’t want to miss this incredible celebration.

As in previous years, we don’t issue tickets. We ask that table holders submit a list of their guests so we can easily identify them at the door. Ours is not a “Black Tie” event, and business casual attire will be just perfect for the occasion. The price of a table for 10 guests (2,400 PLN) is all inclusive of beer, wine, 5-star Hilton dinner, and a star-studded production of Hollywood’s greatest music.

Cocktails begin at 18:30 and the dance music ends at 23:00.

CAMPBELL SOUP COMPANY BECOMES THE ONLY COMPANY IN THE U.S. WITH A FULLY-OWNED SUBSIDIARY THAT IS ALSO A PUBLIC BENEFIT CORPORATION

Note: This is one of the most significant events in the entire CSR movement and I hope you take the time to read the following: Bill

Plum Oganics is a certified Benefit Corporation. And now with Delaware's recognition of the legal status, parent company Campbell Soup Company, who announced plans to acquire Plum in May 2013, becomes the only company in the U.S. with a fully-owned subsidiary that is also a Public Benefit Corporation.

Plum CEO Neil Grimmer says:

Our business success at Plum has been based on creating a great product in a way that respects the highest levels of corporate citizenship. It is actually good business to be a good corporate citizen. I'm excited about the notoriety as well as joining hands with an iconic American brand, well known for its altruistic actions and social causes.

"We have a mission centric core: nutrition and solving hunger with our benefit corporation status our secret sauce and innovation driving the entire process. Campbell has a dual mandate: strengthen the core Campbell business while driving new consumers and innovation. It's a perfect marriage." Mark Alexander, President of Campbell Soup Company.

Campbell Becomes America’s First Public Company to Acquire a Public Benefit Corporation: In Conversation with Plum Organics’ Cofounder

Redefining corporate law. Targeting the node of enterprise to shift capitalism.

Those were some of the thoughts running through Neil Grimmer’s mind as he joined eight other businesses to welcome Benefit Corporations in Delaware this July.

As cofounder and President of Plum Organics – along with a small group of parents – Grimmer’s philosophy has been pretty straightforward: Every kid deserves the best nutrition and no child deserves to go hungry.

The result: an organic food line that prioritizes nutrition, environmental conservation, reduced packaging [a supply chain assessment of the traditional glass jar vs. the Plum pouch was undertaken that showed energy consumption for the latter was much less, fossil fuel consumption for their transportation was a ninth, and they're 14 times less likely to end up in landfills even with aggressive recycling of the glass jars] and an accompanied mission to target child hunger.

Grimmer’s conviction came from experience. As the former VP of strategy and innovation with Clif Bar, he knew a thing or two about product development that infuses innovation with sustainable practices. “At Clif, I looked at sustainability as a journey, not a method. We’ve adopted that here at Plum,” he says.

Plum Organics went from recording $800,000 in sales in its first year [2008] to $93 million in 2012.

Consider these statistics:

  • 60 percent of retailers in the U.S. carried Plum in the latest quarter
  • The No. 3 baby food brand in the U.S. after Gerber and Beechnut
  • The top growing brand in the baby food category by actual dollars and percent growth this year, with 135% growth vs. a year ago

While the numbers tell their own story, here’s the kicker.

With global aspirations "Hunger and health are global issues." and a lofty ambition "Make sure our products get into every high chair and lunch box globally." Grimmer “wanted a partner who would drive both [our goals] with us and help us pave the way to address a more global need that kids have. We have innovation driving our core – we launched over 150 products in the last six years specifically addressing nutritional needs of young families.”

After spending some time with Campbell Soup Company CEO Denise Morrison, Grimmer’s search came to an end.
“As our company grew, so did our ability to impact the world,” says Grimmer. And being a benefit corporation meant the added leverage of a model that places impact and profits in the same sentence. Like The Full Effect program, which was launched this year to target 16 million kids who go without daily meals every day.

“We now had the scale and capability built into the business to make an impact. So we designed a Super Smoothie jam packed with nutrients,” he says.

So far, Plum has committed to producing and distributing half a million Super Smoothies in 2013. Sound familiar? In 2012, Campbell led a similar one-of-a-kind campaign to produce more than 40,000 jars of “Just Peachy” salsa exclusively for the Food Bank of South Jersey, using fresh, local New Jersey peaches that were not able to be sold because of blemishes but we’re fine to eat. The initial run from last year’s harvest generated $100,000 for the Food Bank of South Jersey through retail sales.

“Collaborating with Plum made sense for us on several levels. They’re a mission-based organization and their focus on eradicating childhood hunger is strongly aligned with our work nationally and in Camden, N.J. – where Campbell is headquartered. That helps build the collective impact we can have.”

“Plum and Campbell are both consumer-centric companies, and we share a focus on innovation, a critical component of success as we continue to marry our citizenship commitments with the Campbell business model,” responded Dave Stangis, Campbell’s Vice President, Public Affairs and Corporate Responsibility.

Clearly, the stars align for the two companies but at the end of the day, Campbell is a public company with shareholders and the pressures of satisfying quarterly balance sheets. Will the acquisition bring along with it the familiar headaches of layoffs, change in management and perhaps even a shift in models?

“Plum is a standalone business and will remain so. I will continue to lead Plum Organics and our team is staying intact,” says Grimmer, who plans on remaining an active member of the recently established Plum board of directors. The company will also continue to headquarter in California.

Stangis who has been leading the iconic company’s CSR efforts since 2008 was also quick to cut to the chase about the two organizations’ merged path going forward. “We’re in the process of structuring the Board for Plum. We’re proud to say one of our subsidiaries is a founding member of the Public Benefit Corporation league.”

“We have already begun working with Neil and the Plum team. We are connecting on joint priorities and sharing Campbell’s CSR and sustainability resources,” he added.

“We’re looking forward to leveraging Campbell’s capabilities and skills to grow the Plum brand. As we dig into these opportunities, we will also be looking to focus on aligning our public benefit corporation with Campbell’s mission, model and culture. They have such a strong CSR program that the opportunities to target hunger are endless,” Grimmer explained.

And this is where Grimmer believes the conversation needs to shift.

There is a new economy emerging of consumers who are looking to purchase from companies with a mission. They’re building a virtuous circle. When consumers support a business, you end up growing quickly with more exposure and higher impact,” he says.

Of course, being a public benefit corporation is but one element of Plum Organics’ success. It’s an exciting business story.
But the bigger story here is about being able to make an impact by combining a good product with sustainable attributes and an associated social and environmental cause. And that is where Grimmer wants to push his colleagues across corporate America further.

The business community needs to look at how they are creating values alignment with their core consumers in a marketplace where loyalty is getting scarce. Let’s create many more of those virtuous circles.

AMREST SEES FURTHER GROWTH IN POLAND

AmRest, an international fast-food and restaurant operator and Foundation member, based in Wrocław, is predicting a 10 percent increase in sales for 2014. By the end of 2013, the firm's investment volume will amount to zl. 375 million. If the current growth is maintained, AmRest is likely to outgrow McDonald's on the Polish market in terms of the number of units. As stated by the company's representative Wojciech Mroczynski, acquisitions of popular local brands are probable. Currently, the firm owns KFC, Burger King, Starbucks and Pizza Hut in Poland.

HERE IS HOW YOU CAN HELP OUR PROMISEKIDS

Our Dollar a Day program may be just what you have been looking for and the PayPal method of delivering your money makes it so easy. We pay just about $1.00 to feed one hungry Polish child a hot-meal per school day, $20.00 per month, $200.00 per year. Click PayPal below to contribute.

DATES TO REMEMBER

February 3, 2014 - Foundation’s Annual Dinner Dance Sponsored by the Warsaw Hilton Hotel and Convention Center. Things get underway at 18:30. Make your table reservations now!

THOUGHT FOR THE WEEK

"The greater the difficulty, the more the glory in surmounting it."

-- Epicurus

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